Now at 9.1%, Biden’s Inflation Keeps Getting Worse

The June inflation numbers are a disaster, coming in at a 40-year high of 9.1%. After the Biden administration’s repeated victory laps crowing about “the fastest-growing economy in the world” and how we’re “stronger economically” than ever, the downward spiral is feeding a growing consensus that President Joe Biden and his Democrats in Congress are actively making things worse. According to official numbers, prices rose 1.3% on the month, which translates to an annualized pace of nearly 17%. Controlling for manipulated housing statistics, the numbers are even worse: 1.7% on…

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New obstacles emerge to any hope of Congress getting a budget in time for fiscal 2023

<p><em>Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on </em><a href=”https://itunes.apple.com/us/podcast/federal-drive-with-tom-temin/id1270799277?mt=2″><i>Apple Podcasts</i></a><em> or <a href=”https://www.podcastone.com/federal-drive-with-tom-temin?pid=1753589″>PodcastOne</a>.</em></p> <p>China can&#8217;t do anything to prevent Congress from passing a budget on time for 2023. But the China competitiveness bill could do just that. With the year-end just three months away now, legislative arguments over the bill threaten budget talks. For how, the <a href=”https://federalnewsnetwork.com/category/temin/tom-temin-federal-drive/”><em><strong>Federal Drive with Tom Temin</strong></em></a> turns to WTOP Capitol Hill correspondent Mitchell Miller.</p> <p><em>Interview transcript:</em></p> <blockquote><p><strong>Tom Temin: </strong>Mitchell, what is going on with the China bill and the…

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Trump called Carter to discuss fear China is ‘getting way ahead’ of US – South China Morning Post

Trump called Carter to discuss fear China is ‘getting way ahead’ of US  South China Morning Post Jimmy Carter appears at the Maranatha Baptist Church in Plains, Georgia, in June, less than a month after falling and breaking his hip. Photo: TNS via Zuma … “us president” – Google News

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